Updated Dec 21, 2023
Pacific Partners Real Estate Investments Acquires 16-Unit Multifamily In Mid City For $2.04M
1814 South Wilton Place, Los Angeles, CA 90019
$2,040,000
$187/SF
Building Size
10,862 SF
Asset Type
MultiFamily
Closing
May 24, 2020
About this deal
AI
The multifamily property located at 1814 S. Wilton Pl. in Mid City was recently sold for a total price of $2,040,000. The transaction took place on 05/24/2021 and was facilitated by Pacific Partners Real Estate Investments, with Zac Freehling representing the buyer. The property consists of 16 units, with a price per unit of $127,500. It spans a total square footage of 10,862, equating to a price per square foot of $187.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,040,000
- Address: 1814 S. Wilton Pl.
- Market: Mid City
- Units: 16
- Price per Unit: $127,500
- Total Square Footage: 10,862
- Price per Square Foot: $187
Zac Freehling from Pacific Partners Real Estate Investments played a pivotal role in representing the buyer in this deal.
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Zac Freehling to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.78%
Cash-on-Cash
-2.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93